Nordstrom Rack
| Company type | Subsidiary |
|---|---|
| Industry | Retail |
| Founded | 1973 in Seattle, Washington, United States |
Area served | United States |
| Products | Off-price department store merchandise |
| Parent | Nordstrom |
| Website | https://www.nordstromrack.com |
Nordstrom Rack is a U.S.-based off-price department store chain established in 1973. It operates as a subsidiary brand of the upscale department store Nordstrom. As of 2023, Nordstrom Rack manages 348 retail locations across 41 states within the United States.[1]
History
The inaugural Nordstrom Rack store launched in 1973 in Seattle, initially functioning as a clearance outlet offering full-line merchandise.[2] This first location was situated in the basement of a downtown Nordstrom store in Seattle.
In February 2014, the company debuted its online shopping platform through HauteLook, a flash sale business acquired by Nordstrom in 2011.[3] The Nordstrom Rack website was developed on the same technological framework as HauteLook.
Accounting for roughly 20% of Nordstrom's total revenue, Nordstrom Rack has surpassed $2.5 billion in sales since 2013.[4]
The brand embarked on its international expansion on March 22, 2018, by opening its first Canadian store.[5] However, all seven Canadian Nordstrom Rack locations ceased operations on May 14, 2023, coinciding with Nordstrom's withdrawal from the Canadian market.[6]
On December 20, 2021, reports emerged that Nordstrom was evaluating the possibility of separating Nordstrom Rack into an independent entity.[7]
References
- ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
- ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
- ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
- ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
- ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
- ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
- ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
External links
- Pages with script errors
- Articles with short description
- Official website not in Wikidata
- American companies founded in 1973
- United States clothing retailers
- Seattle-based companies
- Canadian department stores
- Canadian discount retailers
- Department stores in the United States
- Discount retailers in the United States
- Family-owned U.S. businesses
- Canadian online apparel retailers
- U.S. online clothing retailers
- Retailers established in 1973
- 1973 establishments in Washington state
- Outlet retail stores
- Clothing retailers of the United States